Sui has been one of the standout performers in the last month, delivering an impressive 182% increase. However, recent trading behavior suggests that buyers may be running out of steam as the price hit a critical resistance level.
Over the last week, SUI has pulled back by 16%, raising concerns that the rally could be over. Analysts are observing whether this retracement is a sign of an impending, more significant drop of 43% or just a temporary pause in its upward trajectory.
Understanding the dynamics of buyer exhaustion and critical resistance levels is crucial for those closely following SUI and its market behavior.
